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Innovation Led by Young Employees: Busan Launches Private-Government-Public Sector Young Employee Exchange and Cooperation Network

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Busan Metropolitan City, led by Mayor Chun Jae-soo, announced that it held the launch ceremony for the Busan Private-Government-Public Sector Young Employee Exchange and Cooperation Network (Spring Board) at 4:00 p.m. yesterday, August 10, at Bogeumjari Hall of the Korea Housing Finance Corporation on the seventh floor of the Busan International Finance Center (BIFC).

The launch ceremony was jointly hosted by Busan Metropolitan City, the Korea Technology Finance Corporation, Korea Southern Power, the Korea Housing Finance Corporation, the Korea Ocean Business Corporation, and BNK Busan Bank.

Around 40 young employees from the participating organizations attended, including members of Innovation Challengers, Busan Metropolitan City’s innovation group for young employees of the MZ generation. Participants marked the launch of the inter-organizational exchange and cooperation network and shared its future direction.

Spring Board is an exchange and cooperation network in which young employees from private companies, government, and public institutions in the Busan region share information and experience across organizational boundaries and jointly discuss improvements to organizational culture, workplace innovation, and mutually beneficial cooperation with the local community.

The name reflects the concepts of both a Junior Board and a springboard, expressing the aim of creating opportunities for young employees to take the initiative in promoting exchange and cooperation among organizations while growing and moving forward together.

The initiative was first launched in 2025 with the participation of four public institutions in the Busan region, led by the Korea Housing Finance Corporation. This year, Busan Metropolitan City and BNK Busan Bank joined after endorsing the initiative’s purpose, expanding it into a cooperative framework bringing together public institutions, a local government, and a private company.

In 2026, Busan Metropolitan City also joined Spring Board for the first time through Innovation Challengers, an innovation group composed of young employees of the MZ generation at Grade 7 or below.

Through its participation in Spring Board, the group plans to share examples of organizational culture innovation and ideas for workplace improvement with young employees from other organizations, while identifying and proposing policies and ideas to foster a more flexible and dynamic organizational culture.

The participating Spring Board organizations have designated key areas of cooperation based on communication and collaboration among young employees. These include innovative improvements to organizational culture, workplace innovation such as the use of artificial intelligence (AI), mutually beneficial cooperation with the local community, and measures to advance regional development. They plan to identify and implement joint initiatives in these areas.

Yun Jeong-no, Planning Officer of Busan Metropolitan City, said, “This exchange and cooperation network, led by young employees, will become a driving force for change and innovation across private-sector, government, and public-sector organizations in the Busan region.” He added, “We will provide active support so that continued exchanges produce tangible results and establish this initiative as a model for young employee exchange and cooperation.”